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US Construction Spending: April 2015
NAHB analysis of Census construction spending data released Monday finds that the pace of residential construction spending improved on both a monthly and year-over-year basis for April. For the month, the seasonally adjusted annual rate of single-family construction spending was US$206 billion, up 1.6 per cent from March. The April rate of multifamily construction spending…
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US Architecture Firm Billings: April 2015
After a soft 1Q resulting largely from severe weather across parts of the Northeast and Midwest, expectations were that design billings at architecture firms would rebound in 2Q, said the American Institute of Architects May 20. At 48.8, the April ABI national score reflected a steeper retrenchment than any of the first three months of…
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US Architecture Billings Index: March 2015
For the second consecutive month, the US Architecture Billings Index (ABI) has indicated a “modest increase” in design activity in March. The American Institute of Architects (AIA) reported the March ABI score was 51.7, up from a mark of 50.4 in February. The new projects inquiry index was 58.2, up from a reading of 56.6…
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US Residential Construction Spending
National Association of Home Builders analysis finds that over the last year, the pace of private single-family construction spending increased 9.7 per cent and multifamily construction spending increased 31.5 per cent For the month of February, the annual rate of single-family construction spending was US$203.9 billion, down 1.4 per cent from January. The February rate…
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US Architecture Billings Index: February 2014
Architecture Billings Index was at 50.4 in February, up from 49.9 in January, the American Institute of Architects said Wednesday. The new projects inquiry index was 56.6, down from a reading of 58.7 the previous month. New project inquiries, though indicating growth, were at their slowest pace of increase in two and one-half years. …
